Boone, IA
Population 12,445 · Iowa
About Boone, IA
Boone is a mid-sized city in Iowa with a population of 12,445 residents. The median household income is $67,269 per year, which is near the national average. The median age in Boone is 38.5 years.
Housing in Boone has a median home value of $156,400 and median monthly rent of $791. Of the 5,751 total housing units, the majority are owner-occupied, with 3,786 owner-occupied and 1,351 renter-occupied units.
The unemployment rate in Boone is 1.7% and the poverty rate is 7.7%. 25.0% of residents hold a bachelor's degree or higher. The average commute time is 19.4 minutes.
How Boone Ranks in Iowa
Cost of Living in Boone, IA
Compared to national averages, Boone has a median household income of $67,269 (10% below the national median of $75,149). Home values average $156,400, which is 36% below the national median. Monthly rent at $791 is 32% below the US average of $1,163. Within Iowa, Boone's income is 1% below the state average of $67,947, and home values are 18% above the state median of $132,237.
Why Live in Boone, IA?
Boone offers affordable housing with a median home value of $156,400, below the US average of $244,900, and rent that’s lower than the national average at $791/month, and a strong job market with an unemployment rate of just 1.7%. Additionally, the city features a low poverty rate of 7.7%, better than the national average, and short commute times averaging just 19.4 minutes.
Potential considerations include median household income ($67,269) that falls below the national average. However, Boone’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Boone has a population of 12,445 with a median age of 38.5 years. Compare Boone with other cities to see how it stacks up, or explore all cities in Iowa.
Similar Cities Near Boone
Cities in Iowa with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Oskaloosa | 11,492 | $62,172 | $128,900 | Compare |
| Spencer | 11,393 | $57,068 | $178,300 | Compare |
| Norwalk | 13,610 | $94,583 | $275,700 | Compare |
| Storm Lake | 11,275 | $58,341 | $163,600 | Compare |
| Pleasant Hill | 10,796 | $86,890 | $284,100 | Compare |
| Pella | 10,624 | $81,201 | $259,600 | Compare |
| Le Mars | 10,597 | $72,381 | $202,200 | Compare |
| Waverly | 10,446 | $78,429 | $215,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Iowa
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Boone
What is the population of Boone, IA?
The population of Boone, IA is 12,445 according to the latest Census data.
What is the median household income in Boone?
The median household income in Boone, IA is $67,269 per year.
What is the median home value in Boone?
The median home value in Boone, IA is $156,400.
What is the average rent in Boone?
The median monthly rent in Boone, IA is $791.
What is the unemployment rate in Boone?
The unemployment rate in Boone, IA is 1.7%.